Investment Holding Net Profit Increased 19.4% to QR14.43 MM in Q1 2018

April 29, 2018

Investment Holding Group disclosed its financial statements for the period ended on 31 March 2018, with a net profit attributable to shareholders of the company that amounted to QR14.43 million, an increase of 19.4% compared to QR12.08 million for the same period last year.

The holding’s earnings per share recorded QR0.17 for the fiscal year ended on 31 March 2018, compared to QR0.15 for the corresponding period of 2017.

The Group Comment

Investment Holding Group's total profit from core business increased by 25.9% to QR 40.1 million, and other  revenues increased by 7.8% to 10.2  million. Total public expenses and interests increased by 6.9% to QR 28 million.  As result, net profit posted in this quarter increased by 19.5% to QR 14.4 million.